Search form

MIT Students Head to Court Over Bitcoin Hackathon Project

MIT Students Head to Court Over Bitcoin Hackathon Project

Hanni Fakhoury, an attorney for the Electronic Frontier Foundation, or EFF, who is backing the founders of the bitcoin company Tidbit, which was developed by MIT sophomore Jeremy Rubin and his friends, will argue that officials from New Jersey’s Division of Consumer Affairs and Office of Consumer Protection have no business overstepping their bounds and coming after the now-defunct startup since it was founded in Massachusetts, and never got its business operations off the ground.

“While the state certainly has a right to investigate consumer fraud, threatening out-of-state college students with subpoenas isn’t the way to do it,” said Fakhoury, a staff attorney for EFF, a non-profit organization dedicated to defending the rights of internet users.